How do I withdraw funds from my PayPal account? (2024)

There are 3 ways to withdraw funds from your PayPal account:

  1. Withdraw funds a to local bank account: The minimum amount you can withdraw is 15 SGD. The funds will be deposited to your bank account within 5 working days. There’s a fee if you withdraw less than 200 SGD, however, no fees apply if you withdraw 200 SGD or more.
  2. Withdraw funds to a U.S. bank account: The minimum amount you can withdraw is 1 USD. Afeewill be charged per withdrawal. The funds will be deposited to your bank account within 5 working days.
  3. Instant transfer using your debit card: You can transfer your PayPal balance to an eligible Visa or Mastercard debit card linked to your PayPal account. The funds will be available in your card balance within 30 minutes. You can see the fee amount every time before you complete an instant transfer request.

To withdraw funds from your PayPal account:

  1. Go to Wallet.
  2. Click Transfer Funds.
  3. Click Transfer to your bank account.
  4. Follow the instructions.

To withdraw money in the app:

  1. Tap your PayPalbalance.
  2. Tap Transfer Money.
  3. Follow the instructions.

Here are a few tips regardingwithdrawing funds from your PayPal account:

  • Once a withdrawal request is made, it can't be cancelled.
  • Eligibility of a Visa or Mastercard debit card to process Instant Transfer is dependent on the participation of your card issuer. We'll check the participation status every time you initiate a transfer. If one or more debit cards in your PayPal Wallet are eligible for Instant Transfer, then you’ll see them on your money transfer page.
  • You can't withdraw funds to a credit card.

All transfers are subject to review and could be delayed or stopped if we identify an issue.

How do I withdraw funds from my PayPal account? (2024)

FAQs

How do I withdraw funds from my PayPal account? ›

Go to Wallet. Click Transfer Money. Click Withdraw from PayPal

PayPal
You can use PayPal Checkout to get paid online or in an app. It can be set up in minutes and offers the convenience and security of PayPal. Your customers don't have to re-enter information stored on their accounts to complete payments in just a few steps.
https://www.paypal.com › cshelp › article › what’s-paypal-che...
to your bank account. Select Instant (Free) or Standard (Free).

Why can't I withdraw money from PayPal? ›

There may be a limitation on your PayPal account that prevents the transfer. Remove the limitation to restore your full account functionality. Your debit card or bank account may not be eligible to process the instant transfer. Select a different bank or card that supports instant transfer from PayPal.

How do I release money from PayPal? ›

How can I release my payment(s) on hold?
  1. Go to your Activity.
  2. Find the purchase you want to update and click Get your money. If you sold a product, choose “Product” to add tracking information or print a shipping label. ...
  3. Click Submit.

How can I withdraw money from PayPal without a bank account? ›

Can you withdraw money from PayPal without confirming bank account? Yes, you can withdraw money from PayPal without a linked or confirmed bank account by requesting a paper check or getting a PayPal debit card connected to your PayPal balance. These let you access the funds as cash or spend them directly.

What is the minimum amount you can withdraw from PayPal? ›

Once you have linked your PayPal and M-PESA accounts, you can withdraw money from PayPal to M-PESA. To do this, you need to have enough funds in your PayPal account and a minimum withdrawal amount of KES 200. You also need to pay a withdrawal fee of 3% of the transaction amount.

How do I get my money out of PayPal? ›

Go to Wallet. Click Transfer Money. Click Withdraw from PayPal to your bank account. Select Instant (Free) or Standard (Free).

When someone pays you through PayPal, how do you get the money? ›

How do I receive money to my account with PayPal? To accept the money, you must open a PayPal Balance account and confirm your email address. After that, you can receive money when someone pays to your email address or mobile number. You'll receive a message through the app letting you know you have money available.

Can you withdraw a PayPal payment? ›

Canceling a completed payment immediately is generally not an option because the other party already has the money. When you authorise a payment to a merchant, you agree to make a purchase for a specified amount. Once an order is placed, it's not possible to change the payment amount or number of items purchased.

How do I automatically withdraw money from PayPal? ›

Can I have my balance automatically transferred to my bank...
  1. Click Finance.
  2. Under Wallet, click Money.
  3. Click More Actions.
  4. Select Set up Auto Transfers.
  5. Select which bank account, the frequency, and the amount, and follow the instructions.

How do I take money back from PayPal? ›

I want my money back. Can I cancel a payment?
  1. Go to the Resolution Center.
  2. Click Report a Problem.
  3. Select the payment and click Continue.
  4. Select the reason for your dispute, such as:
  5. Add any relevant information and click Submit.

How can I receive money from PayPal if I don't have a bank account? ›

You may be able to use PayPal to receive money without adding a bank account or card. You'll simply need to verify your email to get your payment². However, as the usual way you verify your account is by adding your bank, credit or debit card, you might find that your access to some services is limited in this case.

What ATM is free for PayPal? ›

There are no fees to own or pay with the PayPal Debit Card in stores or online within the US, or when you withdraw at US MoneyPass® ATMs. Both the ATM surcharge and PayPal fees are waived.

How to withdraw from money easily? ›

Take Money Out at an ATM

One of the quickest ways to withdraw money from a savings account is at an ATM. Depending on your bank, you can use your physical debit card or mobile wallet to access the funds in your account. Keep in mind there may be fees to take out money from a savings account at an out-of-network ATM.

Is there a fee to withdraw from PayPal? ›

If you want to withdraw money to your debit card, you'll pay a fee of 2% of the value of the withdrawal, with minimum and maximum fee amounts set by currency.

Why can't I transfer money from PayPal to my bank account? ›

There may be a limitation on your PayPal account that prevents the transfer. Remove the limitation to restore your full account functionality. Your debit card or bank account may not be eligible to process the instant transfer. Select a different bank or card that supports instant transfer from PayPal.

Why is PayPal not taking money from me? ›

PayPal may not be deducting money from your bank account due to various reasons like insufficient funds, incorrect bank account information, or a delay in processing the transaction.

Why won't PayPal let me use my money? ›

Occasionally, Paypal blocks the use of a particular card, a bank account or your balance if there may be a higher-than-normal level of risk associated with the transaction.

Is there an issue with PayPal right now? ›

User reports indicate no current problems at Paypal

A Paypal account can also be usedto receive funds or transfer money to other paypal users. Money can be deposited to a Paypal account through a checking account or credit card.

Why is PayPal saying we're having trouble making sure it's you? ›

Our system can't always match details, causing an error message. For example, if you're not the primary account holder on a family mobile plan, the details won't match. Spelling variations, a maiden name, or other mismatches will also cause this error.

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